About Alex Zeid

Alex Zeid, ASA, MAAA, Consulting Actuary

Alex Zeid, ASA, MAAA, is an authority on life and health actuarial and regulatory issues. Mr. Zeid has over 40 years of actuarial experience. His background .encompasses a broad range of management and technical functions such as: valuation, benefit product design, pricing, underwriting, administration, reinsurance, mergers and acquisitions, regulatory compliance, financial control, management reporting, experience analysis, and litigation support and management.

After his career with insurance companies and being the Midwest Director of AZ Actuarial Services for Deloitte Haskins & Sells (currently Deloitte &Touche), Mr. Zeid started his own firm in 1986. He has provided actuarial and management consulting services to insurance companies, self-funded plans, associations, HMOs, PPO’s, PEO’s, third party administrators, associations, specialty managed care companies, hospital systems, and physician practices and organizations.

His rating assignments have encompassed development of numerous health insurance policies, as well as formation of a strategic alliance to market group insurance and other products. He has negotiated reinsurance contracts, insurance company rates and provider compensation rates on behalf of his clients. In addition, he has developed financial models and systems for the development of new products, renewal rating, valuation of liabilities, health cost valuations, due diligence, insurance sales illustrations, annuity processing, cash value and loan processing. His financial activities for insurance companies include valuations, attesting to actuarial items in statutory and GAAP financial statements, cash flow testing, claim reserve estimates, rate renewal calculations, and due diligence.

Mr. Zeid has been active in industry activities including being the Chairman of the Actuarial Committee for the National Alliance of Life Companies for over three years and was recently added to the Board of Directors for that organization. In addition, Mr. Zeid has made several presentations before the Society of Actuaries, LIMRA International, the Insurance Accounting and Statistical Association, National Alliance of Life Companies, Canadian Fraternal Association and other organizations. The Insurance Accounting and Statistical Association nominated Mr. Zeid for a merit award for the paper “State of the Art Insurance Policies.”

Mr. Zeid is a graduate of the Illinois Institute of Technology. He is an Associate of the Society of Actuaries and a Member of the AmericanAcademy of Actuaries.